Pressure to reduce Finance's operational costs. Lack of operational visibility. Uncompetitive productivity and performance levels. Compliance issues. Excessive management focus on low value-add transactional activities instead of strategic issues.
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Outsourcing your finance and administration (F&A) business processes can help you better deal with these challenges and gain the ability to devote your management time and resources to core competencies and strategies that lead to growth
HP believes outsourcing is a partnership. We will collaborate with you on the specific activities, systems and timeframe for outsourcing that meets your requirements. You retain control over your finance organization, and we become an extension of your group. Taking advantage our technology innovation, operational excellence and economies of scale can save you from 30% to 40% on your finance and accounting costs. As a global F&A provider with market leading delivery capabilities through the HP Best Shore centers, we can provide flexible, scalable solutions to address your specific needs anywhere in the world. Our expertise in process design reduces opportunities for errors, increases operational visibility and provides the scalability needed for business growth. By outsourcing your finance functions to HP, you'll have more time to spend on strategic decision making and planning.
HP Finance & Administration Services provides a wide array of services, including end-to-end processes for the following:
- Source-to-Pay
- Order-to-Cash
- Record-to-Report
- Business Intelligence & Analytics
- Payment Recovery
HP has more than 30 years of experience providing financial processing BPO services to clients. We provide F&A service to clients within each of the eight industries HP serves. With our extensive capabilities and global scale, we allow you to focus on your core business while we leverage your finance technology investments, reduce your finance and accounting costs and improve your quality and control environment. And, if you already have a shared service organization, HP can partner with you to evolve your Shared Services strategy and achieve the next wave of value generation.
Download the Finance and Administration Services At-A-Glance
Download the Finance and Administration Services Solution Overview
Download the Finance and Administration Operational Assessment Capability Fact Sheet
Download the HP Business Process Outsourcing Profile PDF
Learn about Tribune Publishing Selects HP For Business Process Outsourcing Services
Download the Source-to-Pay Fact Sheet
Download the full version: Process Perspective: A Mixed Model for Finance Transformation Case Study PDF, 323K
For more information about what HP Enterprise Services can do for you, submit a business inquiry.